On February 24, the CEBA FAQ was updated to include the following:
I repaid my CEBA loan. Am I able to re-borrow amounts previously paid?
No. CEBA loan repayments are final and any amounts repaid cannot be re-borrowed.
If your CEBA loan was initially structured as a revolving line of credit, the deadline to drawdown on your CEBA loan was January 20, 2022. After this date, no further drawdowns are permitted and any amounts repaid are not available to be re-borrowed.